IRM Energy Limited has announced a significant change in its senior management team with the resignation of a key executive from the commercial marketing division.

Senior Management Departure

Mr. Raghuvir Solanki, Executive Vice President - Commercial Marketing and Senior Management Personnel of IRM Energy Limited, has resigned from his position effective from the close of business hours on December 12, 2025. The resignation has been attributed to personal reasons and furtherance of professional pursuits.

Tenure and Contributions

Solanki joined IRM Energy on July 11, 2016, when the company was in its formative stage. Over his nine-year tenure, he contributed significantly to the company's growth through various initiatives including marketing strategies, business development, and gas sourcing activities. His role involved strengthening both the company's revenue generation and profitability.

In his resignation letter dated September 15, 2025, Solanki expressed gratitude toward the management committee, promoters, colleagues, and team members. He acknowledged the mentorship received from the leadership and highlighted the collaborative work environment that enabled the achievement of various milestones.

Regulatory Compliance

The company has fulfilled its regulatory obligations by informing both the National Stock Exchange of India Limited and BSE Limited about this senior management change. The notification was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Transition Arrangements

During his notice period, Solanki committed to remaining fully dedicated to his responsibilities, ensuring a smooth handover process and supporting the transition to maintain continuity in ongoing projects and operations. The resignation letter indicated his openness to an early release if deemed appropriate by management while extending full support for the transition process.

The company has provided all required documentation including the resignation letter and regulatory disclosures as annexures to comply with SEBI Master Circular requirements dated November 11, 2024.

IRM Energy Limited has announced the resignation of its Chief Financial Officer (CFO), Mr. Harshal Anjaria, effective from the close of business hours on October 17, 2025. The company disclosed this information in a regulatory filing to the National Stock Exchange of India Limited and BSE Limited on October 18, 2025.

Resignation Details

Mr. Anjaria, who had been with the company since July 11, 2016, cited personal reasons for his departure in his resignation letter dated March 31, 2025. The company had previously issued intimations regarding this resignation on May 22, 2025, and June 30, 2025.

Key Information

Transition Process

In his resignation letter, Mr. Anjaria expressed his commitment to ensuring a smooth transition of his responsibilities. He stated, "During my remaining time, I am committed to ensuring a smooth transition and seamless handover of my responsibilities. I will continue to extend my full cooperation to facilitate the continued efficiency of the Company's financial operations."

Company's Response

IRM Energy Limited acknowledged Mr. Anjaria's contributions during his tenure, particularly noting his involvement with the company since its formative years. The company has not yet announced a successor for the CFO position.

This development marks a significant change in the top management of IRM Energy Limited. The impact of this transition on the company's financial strategies and operations remains to be seen as the company moves forward with its succession planning.